Panel discussion: Future of Newspapers

There was another big jolt today in the ongoing shake-out of the Australian media industry.

Fairfax has revealed it will axe 1900 jobs and close two printing plants, while shrinking The Sydney Morning Herald and The Age to tabloid size and putting much of the online content behind pay-walls. And all this comes as mining magnate Gina Rinehart lifts her share in Fairfax media to nearly 19 per cent.

Meanwhile, News Limited is expected to announce its own major restructure within days. So what does all this mean for the future of newspapers?